Maria SantosGeneral
Central Retail First-Half Profit Jumps 35% to $155 Million
A 6.1 per cent lift in food sales and a 110-basis-point gross margin expansion offset falling hardlines revenue across Thailand and Vietnam.
Tag
Department Stores
Every story tagged Department Stores on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.
Stories tagged Department Stores
39 stories in this topic
Maria SantosFashion
Kering Redirects up to €300 Million to Asia as Regional Sales Grow 12 per Cent
Yves Saint Laurent led regional expansion with 30 per cent annual gains while Gucci saw its revenue share across the group drop to 48 per cent.
Maria SantosGeneral
Hong Kong Retail Sales Rise 4.5 per Cent to HK$31 Billion in July
Online shopping reached HK$2.8 billion during the month as jewellery and watch sales led gains across the territory.
Wei ZhangFashion
Louis Vuitton Exits Chinese Province After Sales Drop and Trademark Dispute
The French luxury house pulled its presence from the regional market after facing consumer backlash over intellectual property litigation.
Maria SantosFashion
Uniqlo Plans 20 Urban Flagship Stores Across Japan over Next Decade
Fast Retailing is shifting investment away from suburban mall outlets towards large-format city flagships across major metropolitan centers.
Wei ZhangGeneral
South Korea Retail Sales Rose 6.4% in July on Summer Spending
E-commerce accounted for 60.8 percent of total retail revenue as department store turnover surged nearly 18 percent.
Maria SantosGeneral
SM Retail Revenue Hits 223.6 Billion Pesos as Network Expands Beyond Manila
Parent company SM Prime generated 71.7 billion pesos in first-half revenue across its network of 90 Philippine shopping malls.
Minjun ParkGeneral
The Warehouse Starts Turnaround Push Across 84 New Zealand Stores
TBWA New Zealand created the multimedia campaign as the 40-year-old retailer seeks to reclaim top market share in Aotearoa.
Minjun ParkGeneral
Korean retailers struggle amid sluggish demand
The first quarter of 2025 presented significant challenges for the South Korean department store industry due to a notable decrease in domestic consumption. This tough economic climate had a substantial impact on sales and profits. Lotte Department Store was…
Maria SantosGeneral
Suning develops omnichannel smart retail through Wanda department stores
Suning.com, the Fortune Global 500 retailer owned by Suning Holdings Group, one of the largest commercial enterprises in China, recently announced the establishment of its Department Store Group. It will focus on professional operations of fashion department…
Minjun ParkGeneral
Department stores lead Singapore retail sales
Singapore retail sales rose 2.6 per cent in March, excluding motor vehicles, as the sector’s slow but steady recovery continues. Month-on-month, retail sales rose 1.1 per cent. The headline figure – which includes motor vehicles – showed a year-on-year…
Wei ZhangGeneral
South Korea Dec department store sales rebound from Nov, reverse two declining years
Sales at South Korea’s department stores in December rebounded from November on year-end gift purchases, trade ministry data showed on Monday, while sales for the whole year ended on a positive note, reversing two years of decline. Combined sales last month…
Sarah ChenGeneral
Japanese department store facing downturn
Japanese department store sales fell 2.4 per cent in November, year-on-year, the ninth consecutive monthly decline. The Japan Department Stores Association reported total sales at 234 outlets run by 81 companies were ¥525.7 billion, (US$4.47 billion). It said…
Rajiv MenonGeneral
Target China learning fast as it gains momentum
Target China is continuing to learn about the vast mainland market as it builds brand awareness in the region in preparation for a major push. Vincent Lau, GM China with Target Corporation, told the Omni-Channel Retailing Conference half-year seminar…
Minjun ParkGeneral
South Korea August dept store sales rise for 3rd month
South Korea’s department store sales rose for a third straight month in August thanks to widespread discounting ahead of a major public holiday this month, government data showed on Thursday. Combined sales at department stores run by Hyundai Department…
Maria SantosFashion
Outlet malls booming in China as department stores feel the pinch
Designer outlet malls are sprouting up all over mainland China, even as department stores find themselves struggling amid a slump in retail sales. At least 17 new outlet malls are scheduled to open in China in the second half of 2016, according to a report by…
Background from the Retail Academy
Evergreen guides that explain the mechanics behind this topic.
Store operations
Store opening checklist
A phased checklist covering legal, fit-out, systems, stock, staffing and launch, written for opening a store in an Asian market where permits and landlord a…
Retail Toolkit · 9 min read
Store operations
Store operations in Brunei
How to staff, schedule and run stores in Brunei, including labour realities, festival peaks and the standards that actually get audited.
Asia Market Guides · 8 min read
E-commerce
Omnichannel fulfilment
Ship-from-store, click and collect, marketplace fulfilment and live commerce, what each model demands from inventory accuracy, staffing and systems, and whe…
Retail Operations · 11 min read
KPIs and definitions
Retail KPI dictionary
Plain definitions and formulas for the retail metrics that appear in Asian earnings calls, investor decks and operating reviews, with notes on how each one…
Retail Toolkit · 8 min read